Question

In: Operations Management

You are the manager of a company has to prepare a report about sales in 100...

You are the manager of a company has to prepare a report about sales in 100 geographically distributed stores. What are the 5 most popular items each of the store's sales? Explain how you are going to solve the problem. Explain your decision-making process.

Solutions

Expert Solution

To start the process, I will communicate with all the sales managers of the geographic locations where the company has set up its store to collect and analyze their sales data for the past 3-5 years.

I would ask them to send me the analysis of the most popular items from the period and I will form a team of the most capable employees to understand which products and what features have been in the demands the most? I would also look at their pricing, promotional activities to determine what factors contributed to their success compared to the others.

Deriving this data will help me in understanding what the customers of the company want - whether they are the unique attributes of the product, price or the extensive promotions which helped the product in being the most popular products of the stores.

This can help in developing future products and designing the marketing campaign for the upcoming products in he market.

keosha answered 5 days ago
Next > < Previous

Related Solutions

You are the finance manager of a company and currently your company has $100 million in...
You are the finance manager of a company and currently your company has $100 million in cash that will not be needed for a few more weeks. You are thinking about arbitrage opportunities using Euro and GBP in order to put the cash reserves into use and hopefully earn more money for your company. You have to make a decision about details of your arbitrage with regard to which currency to buy in which order. Check exchange rates, find current...
question is that you have to prepare a sales report to convince your customer to buy...
question is that you have to prepare a sales report to convince your customer to buy your glass house . The customer wants to buy it for growing tomato plants. So as a sales representative of the company , prepare a detailed report adding all the features, your glass house is having (see the added features in the ppt) and how is advantageous to get a higher tomato yield.
Write a report to your Senior Manager that you are requesting to plan for Sales Executive...
Write a report to your Senior Manager that you are requesting to plan for Sales Executive Training session as well as improving the Customer Charter focusing on how to use the Market Information System and address customer queries targeting specially to a dissatisfied customer. (200 Words)
You are required to prepare a report on the same topic and evaluate the same company...
You are required to prepare a report on the same topic and evaluate the same company which is DELL. Following key points will help you while preparing the report although you can extend the points. Please do not forget that our aim is to focus on Management Information System of the company. DELL’S MANAGEMENT INFORMATION SYSTEM What is “DELL”? What kind of products and services does DELL provide? Business Process and Environment? Input Process Output Feedback Where does DELL operate?...
A sales manager for a company is concerned about possible differences in the popularity of his...
A sales manager for a company is concerned about possible differences in the popularity of his product in Western and Eastern Canada. In order to develop a marketing strategy, a survey of possible customers was conducted in each of these regions. West (x) Sample Size 600, Number who prefer the product 283 East (y) Sample Size 550, Number who prefer the product 218 (a) Is the product's popularity different for these two regions? Test at a = 0.05. (b) Estimate...
Discuss how can a project manager prepare a project final report ?
Discuss how can a project manager prepare a project final report ?
Discuss how can a project manager prepare a project final report ?
Discuss how can a project manager prepare a project final report ?
You are working in a company as a sales manager. You are not happy with your...
You are working in a company as a sales manager. You are not happy with your Job and want to leave it. Write an email to your friend telling him/her about your plan. You should write in your email: A. Some information about your job B. Reasons for leaving the job C. Your plans after you leave the job
1. As the marketing manager of a company, you are entrusted to prepare a marketing plan...
1. As the marketing manager of a company, you are entrusted to prepare a marketing plan to develop a new organic herbal tea brand that has health benefits. a. Identify one marketing objective /goal for the above-mentioned product? b. Which market segmentation would be most suitable to target your marketing strategies and explain reasons for selecting this market segmentation? c. How would you apply marketing mix to satisfy the wants and needs of this target market? Discuss briefly. 2. Identify...
The assignment is to prepare an accrual basis report of sales along with detailing the cost...
The assignment is to prepare an accrual basis report of sales along with detailing the cost of goods sold. SPC Flash Drive Company September Report Net Sales: $ Minus cost of goods sold: Beginning inventory $ Add purchases $                     . Goods available for sale $ Subtract ending inventory $ Cost of goods sold $                      . Net Income (Gross Profit) $ Case Study Specific In September, the SPC Flash Drive Company had the following transactions relating to sales and cost of...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT